Purdue University says its College of Veterinary Medicine and its alumni generate hundreds of millions of dollars in economic impact for Indiana. A study from Purdue Extension’s Community Development Program estimates the school had an economic output of more than $470 million in 2014, and supported more than 1,700 jobs.
The study suggests more than 60 percent of Indiana’s veterinarians and 30 percent of the state’s registered veterinary technicians are Purdue alumni. Indiana has a large animal health market. The school says more than half of the state’s households own a pet. In addition, Indiana has more than 22,400 farms producing poultry, livestock and related products.
According to the report, the college itself generated $220.2 million in economic output in Indiana in 2014, with alumni generating $256.7 million. The school says the jobs supported by the college pay approximately $52,400 per worker. The study suggests the college and its alumni produced an estimated $28.6 million in state and local government tax revenues.